Barbara Gutierrez - Aug 5, 2024 Form 4 Insider Report for LogicMark, Inc. (LGMK)

Role
Director
Signature
/s/ Barbara Gutierrez
Stock symbol
LGMK
Transactions as of
Aug 5, 2024
Transactions value $
$10,000
Form type
4
Date filed
8/6/2024, 09:26 PM
Previous filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGMK Common Stock Award $9.78K +21.5K $0.46 21.5K Aug 5, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LGMK Series A Common Stock Purchase Warrant Award $107 +21.5K $0.01* 21.5K Aug 5, 2024 Common Stock 21.5K $0.47 Direct F1, F2
transaction LGMK Series B Common Stock Purchase Warrant Award $107 +21.5K $0.01* 21.5K Aug 5, 2024 Common Stock 21.5K $0.47 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each of the shares of the issuer's common stock, par value $0.0001 per share (the "Common Stock"), the issuer's Series A Common Stock Purchase Warrants (the "Series A Warrants"), the issuer's Series B Common Stock Purchase Warrants (the "Series B Warrants"), and any other securities of the issuer (the "Company") held by the reporting person that are convertible, exchangeable or exercisable into shares of Common Stock, are subject to the terms and conditions of a lock-up agreement entered into between the Company and the reporting person, which prevents the offer, sale or other disposition thereof, subject to certain exceptions, for a period of 60 days from the date of the closing of the Company's offering of its securities pursuant to the Company's registration statement on Form S-1, as amended (File No. 333-179133), declared effective by the U.S. Securities and Exchange Commission on August 1, 2024.
F2 The Series A Warrants are only exercisable on or after the date on which the Company obtains the approval of its stockholders for the issuance of all shares of Common Stock issuable upon exercise of each of the Series A Warrants and Series B Warrants solely to the extent such approval is required by Rule 5635(d) of The Nasdaq Stock Market LLC (the "Stockholder Approval").
F3 The Series B Warrants are only exercisable on or after the date of Stockholder Approval.